Event Marks Multi-Million Pound Engineering Investment in Fife
Archived news: published on Tuesday 11 Jul 2017 by Fife Council
Fife Council welcomes new extension that firmly secures Fife’s place on the map for world-class engineering facilities
Glenrothes- based National Oilwell Varco (NOV) Flexibles UK marked the completion of a £500K high bay extension that already houses over £1.5M of new investment in advanced welding and numerical control (CNC) machining equipment, on Friday 7 July.
This extension is part of an ongoing multi-million pound investment on the site by National Oilwell Varco.
The new 6000ft² extension and installation of new welding equipment and state-of-the-art computer numerical control (CNC) machines are enabling the company to continue to lead technical innovation across the oil and gas industry. It is also enabling them to significantly expand their manufacturing capabilities to go after new and larger work, thanks to the installation of a new 20 tonne overhead crane and larger machines in the new high bay.
Cllr Altany Craik, Convener of Fife Council's Economy, Tourism, Strategic Planning & Transportation Committee, is set to formally open the new NOV Flexibles extension. He said: “This is great news for Fife and for local jobs. The NOV Flexibles UK's extension means that the company is able to house the technical expertise and equipment necessary for success. This reinforces the Kingdom’s position on the world stage for engineering innovation.
“This shows that Fife has a first-class engineering skills-base, world leading facilities and that investing in the region can reap real business benefits. This sends a strong message to other companies that Fife has a lot to offer.”
Scottish Enterprise Managing Director, Adrian Gillespie, said: “This is a fantastic milestone for NOV in Glenrothes, and marks the culmination of many years’ work.
“Scottish Enterprise has provided the company with a range of support. We are delighted to be working with such a dynamic and ambitious company and look forward to developing our strategic relationship with them as they continue to grow.”
Since acquisition in 2013, NOV Flexibles have already invested in excess of £3M into their Glenrothes- based facility, and are looking to generate additional expansion by introducing new processes such as pressure testing, assembly and a controlled 'Cleanroom' welding facility for the fabrication of stainless steel and duplex welding.
James Mullen, Operations Director, NOV Completion & Production Solutions, Subsea Production Systems, said: “National Oilwell Varco (NOV) Flexibles design, manufacture and deliver sub-sea flexible pipe-line systems and solutions to the global offshore oil and gas industry. Our facility in Glenrothes also undertakes additional precision machining and Weld Cladding work for key companies involved in the global Oil and Gas sector. This means that we need to adapt quickly to changing demands to ensure that we have the capabilities to serve a challenging and evolving industry.
“Over 90% of our completed products are destined for the overseas export market with the majority of this work being shipped to Denmark, Brazil and France.
“It is thanks to extensive and positive support from across Fife Council, the extremely quick turnaround of this ambitious extension was possible. The increased capacity and larger machines in the new high bay enable us to offer world-class technology and will open up new future business opportunities. We have already started manufacture of three new product ranges this year, and our future is looking very secure going forward with further growth and job creation forecast.
“It’s fantastic to see our hard work coming together to create a high quality finished result.”
Tel: 07982318535 Contact Altany Craik online
By Post: Fife council, Fife House North Street, Glenrothes,KY7 5LT